Delayed judgment pronouncement alone does not invalidate Tribunal orders, while rectification cannot reopen evidence or negate confiscation-related pe...
Agricultural-land reinvestment qualifies when transfer consideration precedes replacement purchase, while unexamined claims may be reassessed on escap...
Bona fide public fixed-deposit explanations prevent concealment penalties where unexplained-credit additions lack independent evidence of undisclosed ...
Curative and clarificatory amendment to the Rule 89(5) refund formula applies retrospectively to refund or rectification applications filed within the statutory period, including differential claims for pre-amendment periods under an inverted duty structure. An administrative circular treating the amendment as prospective cannot override the statutory refund entitlement. Supplementary refund claims are maintainable despite earlier adjudication of refunds for the same tax periods, provided the differential amount is otherwise admissible and claimed within the prescribed period. Eligible differential refunds remain subject to arithmetical verification.
Curative and clarificatory amendment to the Rule 89(5) refund formula applies retrospectively to refund or rectification applications filed within the statutory period, including differential claims for pre-amendment periods under an inverted duty structure. An administrative circular treating the amendment as prospective cannot override the statutory refund entitlement. Supplementary refund claims are maintainable despite earlier adjudication of refunds for the same tax periods, provided the differential amount is otherwise admissible and claimed within the prescribed period. Eligible differential refunds remain subject to arithmetical verification.
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